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🚨 $BTC /USDT PLUNGING TOWARDS KEY LEVELS – WILL IT HOLD OR COLLAPSE FURTHER? 🚨
BTC has faced a notable drop, currently priced at 85,688 after hitting a 24h high of 89,940. With market sentiment shifting, this could be a decisive moment for BTC. Watch these crucial levels closely as they’ll indicate whether BTC can reclaim its ground or face additional selling pressure.
💡 UPWARD TARGETS to Watch:
1️⃣ Target 1: 87,041 – A recovery above this level could signal early signs of a rebound.
2️⃣ Target 2: 88,596 – Pushing past here may restore some bullish momentum, drawing buyers back.
3️⃣ Target 3: 89,940 – Breaking through this level would mark a return to recent highs, possibly fueling further upside.
⚠️ Note: If BTC continues to slide below the current price, brace for further bearish movement. This is a critical time for BTC – eyes on the chart for the next big move!
#Bitcoin #CryptoAlert #BTC #BinanceUpdates #CryptoMarket
$BTC
{spot}(BTCUSDT)
Animoca Brands has successfully secured an additional $10 million in funding for its Mocaverse project, with participation from investors including OKX Ventures, CMCC Global, and Hong Shan. This latest round brings the total fundraising to $41.88 million, following a previous raise of $31.88 million last year.
The funding was structured through a simple agreement for future equity (SAFE) with a free-attaching utility token warrant. The MOCA coin is valued at an implied fully diluted market cap of $1 billion. The funds will be used to accelerate Mocaverse's operations, aiming to enhance digital property rights and interoperability within decentralized systems.
🚀 Ethereum Foundation Update! 🚀
- On Nov. 12, the Ethereum Foundation swapped 100 ETH for 334,315.7 DAI, marking its first ETH sale since releasing its 2024 report.
- The report reveals $970.2M in asset reserves, with $788.7M in crypto, 99.45% in ETH.
- Since 2024's start, they've sold 4,266 ETH, worth $11.83M, to fund projects and maintain reserves.
- Co-founder Vitalik Buterin emphasizes sales fund development and charity, not profit.
What are your thoughts on these strategic moves? Share in the comments! 💬
Ethereum researcher Justin Drake has unveiled a bold proposal to revamp Ethereum's consensus layer, suggesting a shift from the Beacon Chain to a new "Beam Chain." Speaking at Devcon in Bangkok, Drake argued that this transition could align Ethereum more closely with its envisioned final design. He highlighted advancements in technology, like zk-SNARKS and zkEVMs, and proposed reducing the staking requirement from 32 ETH to just 1 ETH. While the proposal isn't official yet, Drake emphasized its potential to enhance Ethereum's blockchain health and long-term outcomes.
Dogecoin Surges 50% and Hits 3.5 Year High as Bull Run Fuels Gains
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Dogecoin has surged by 51.94%, reaching a 3.5-year high at $0.41 as part of the ongoing crypto bull run.Dogecoin’s market cap rises $34.21B in a week, reaching $58.43B and overtaking XRP and USDC.
For the sixth consecutive day, the global crypto market is buzzing with enthusiasm as the ongoing bull run propels major coins to new highs, with Dogecoin (DOGE) leading the charge. In the last 24 hours, DOGE surged by over 40%, reaching an intraday high of $0.41.98—its highest level over 3.5 years.
This significant rally has extended Dogecoin’s year-to-date gains to over 140%, with the memecoin benefiting greatly from recent political events, including Donald Trump’s victory and a surprise Federal Reserve’s rate cut.
In just one week, Dogecoin has added over $36.92 billion to its market cap, flipping XRP and USDC stablecoin to become the sixth-largest cryptocurrency, valued at $60.88 billion.
Much of the excitement surrounding DOGE comes from Elon Musk, who continues to tease his involvement with the meme coin, even confirming leading the Department of Government Efficiency (D.O.G.E) if Trump claims a second presidential term. This speculation has fueled traders’ hopes that DOGE might gain even more mainstream attention and retail interest in the coming months.
The current price surge has led DOGE to outperform nearly all top-ten altcoins and gain 156% in recent weeks. This price direction has led many analysts to predict that DOGE could experience a bull run similar to its 2021 performance and hit $1 by the end of this year.
#DOGE #Dogecoin #CryptoNews #Altcoins
Here's the analysis update for 1000LUNCUSDT (Terra Classic USD):
Current Market Sentiment: NEUTRAL
Key Levels to Watch:
- Support: $0.00015, $0.00013, $0.00011
- Resistance: $0.00021, $0.00025, $0.00030
Technical Analysis:
- 1000LUNCUSDT is forming a descending triangle pattern, indicating a potential breakdown.
- RSI (14) is at 43.61, suggesting neutral momentum.
- MACD (12, 26) is bearish, with a downward crossover.
Trade Ideas:
- Short Position: Enter around $0.00018, target $0.00015, with a stop loss at $0.00022
- Long Position: Wait for a breakout above $0.00025, targeting $0.00030
Potential Outlook:
- Some analysts predict a further decline to $0.00010 due to the ongoing bearish trend.
- Others see a potential reversal above $0.00025, targeting $0.00040.
On-Chain Metrics:
- Trading Volume: 24h volume is $13.4M, down 34% from the previous day.
- Market Cap: $1.43B, ranking #217 on CoinMarketCap.
News and Events:
- Terra Classic (LUNC) community discussions around rebranding and revitalization efforts.
- Upcoming Terra Classic mainnet upgrade.
Important Notes:
- High volatility and potential price fluctuations.
- Keep an eye on Bitcoin's (BTC) movements, as it can impact altcoins like LUNC.
Please conduct your own research and consider multiple sources before making investment decisions.
$LUNC
{spot}(LUNCUSDT)
#BTCBreaks89k
#BTCUSDT #BTC #BITCOIN $BTC
Well, Bitcoin has reached the seller’s zone, which, based on my calculations, was roughly correct—just slightly short of 90 thousand. Now I plan to wait for a correction on Bitcoin. I’ve marked the primary support zone in green on the chart—the first one there—and the indicator gave a short signal on the hourly timeframe. I hope this short plays out, as a healthy, normal correction is standard for a market like this. Bitcoin has been growing relentlessly, so I think it’s time for at least a pause, with some consolidation in the 88-85 thousand dollar range. Ideally, we’d see a correction down to the 80-78 thousand dollar range. And for those who need a helper like mine, I’m always available.
*WOO/USD HAS MADE A 70% MOVE SO FAR*📈🥳
WOOUSDT is looking bullish, with multiple analysts predicting a continuation of the upward trend. The cryptocurrency has broken out of a falling wedge pattern and is now consolidating, gathering momentum for the next move.
Key Levels to Watch:
- Support: $0.1581, $0.1350, $0.1254
- Resistance: $0.2249, $0.255, $0.2560
Trade Ideas:
- Long Position: Enter around $0.1632, target $0.17173333, with a stop loss at $0.15523333
- Buy Level: Above $0.22
- Stop Loss: Below $0.178
Some experts believe WOOUSDT will reach $0.26 to $0.30 if it holds above $0.18. Others predict a potential 100% move if it breaks above the $0.25 level.
Technical Analysis:
WOOUSDT is forming a harmonic pattern and an ascending channel on the 4-hour timeframe, indicating a strong bullish trend. The RSI is also showing an upward trend, supporting the rise.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions.
$WOO
{future}(WOOUSDT)
#WillBTCBreak100KSoon #cryptomarketcapATH
For those wondering:
When you hear locals talking about crypto it's rarely a top signal in the early beginnings.
Retail joins in different phases. And they actually onboard each other.
The first wave that buys crypto doesn't have profit yet.
A few weeks or months later when they do (not really, because it's paper profit) they tell their friends an others.
"I literally made $2k in a day!"
That's when the biggest surge actually comes.
Often the first wave of retail joining in a bull can still make good profit (although mostly they don't take profit either).
When you look at 2017 and 2021, you heard retail talking about crypto all the time.
Literally for multiple months before the top was in.
It's because you hear the "phase 1" folks talk, then the "phase 2" folks talk, then the "phase 3" folks talk, ...
Only after the last phase it usually tops. That's usually the wave where it's every barber, local newsman and old granny at your family party. Not just a few locals or friends texting you.
It's a top signal, but only at a certain time.
Tesla Capitalizes on Bitcoin Investment for Profit.
Electric vehicle manufacturer Tesla continues to paint a profitable picture through its Bitcoin investment. The company currently holds over $1 billion worth of Bitcoin, with a total of 11,509 BTC in its possession. The surge of Bitcoin to an all-time high of $89,560 has significantly increased the value of Tesla's assets. According to blockchain analytics firm Arkham Intelligence, this investment is seen as a profitable move for Tesla.
Bitcoin Investment and Value Increase.
In February 2021, Tesla announced its purchase of $1.5 billion in Bitcoin, aiming to diversify its cash flow and boost returns. By 2023, Tesla's Bitcoin investment has doubled in value due to a revival in the crypto market, resulting in a profit of $495 million by early November.
The market value of Bitcoin surged to $1.75 trillion due to overall market enthusiasm. With this increase, Bitcoin secured the eighth position in global asset rankings, surpassing silver. Key factors supporting this enthusiasm include increased institutional investments and rising confidence in U.S. spot Bitcoin exchange-traded funds, bolstered further by Donald Trump's re-election, enhancing market confidence.
Tesla's Bitcoin Transfers.
The rise in the value of Tesla's Bitcoin portfolio has been attributed more to the increase in crypto prices than to new purchases. Recently, the company transferred its Bitcoin assets to different wallets, though experts believe this movement does not indicate sales but merely wallet rotation. Arkham Intelligence notes that Tesla moved its dormant Bitcoins to seven new wallets in mid-October, which remain under its control.
Strategies of Other Companies with Bitcoin.
While Tesla aims to secure its existing Bitcoin assets, some companies, like MicroStrategy, aggressively continue purchasing Bitcoin. Under the leadership of CEO Michael Saylor, MicroStrategy bought an additional 27,200 BTC, increasing its total reserve to 279,420 BTC, defining Bitcoin as a core treasury asset.
#HaveYouBinanced
ACT, COW, & These 3 Crypto Under Traders’ Radar As Binance Expands Support
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With the crypto exchange behemoth Binance revealing a vital update on 5 cryptocurrencies on Tuesday, ACT, COW, PNUT, CETUS, & TROY have caught the eyes of market enthusiasts globally.
As the exchange announced enhanced trade offerings for the mentioned tokens recently, a tidal wave of market optimism engulfed them. Meanwhile, market participants are extensively eyeing these 5 assets for further gains in light of the enhanced offerings amid a bullish market.
Binance Enhances Offerings For ACT, COW, CETUS, PNUT, & TROY
In an official Binance announcement dated November 12, the crypto exchange giant announced that it is expanding the list of choices for its users, primarily for the abovementioned tokens.
As per the announcement, the cryptocurrency trading platform will commence trading for ACT/TRY, COW/TRY, CETUS/TRY, TROY/TRY, and PNUT/TRY trading pairs starting November 13 at 08:00 UTC. Notably, this mover aims to expand accessibility for these assets to global investors amid a highly bullish cryptocurrency market.
Further, the Richard Teng-backed exchange also revealed that it will be enabling trading bot services for specific pairs on the same date and time. The announcement revealed that the exchange will commence taking spot Algo orders for ACT/TRY, COW/TRY, CETUS/TRY, TROY/TRY, and PNUT/TRY on the mentioned date and time. Moreover, spot grid and DCA orders will be starting for the BNB/EUR trading pair.
Overall, the announcement has sparked substantial investor enthusiasm surrounding the mentioned digital assets’ future as it paves the way for increased market participation.
How Are The Tokens Performing?
#ACT #COW #Binance #Altcoins
$DOGE /USDT THRILLING ALERT: READY FOR ACTION AT NEW LEVELS.. $DOGE after retest hit Down $0.35.
After retest again on Top $0.40113... Really good momentum gain ..
#DogecoinCommunity is currently trading at 0.40123, showcasing a massive 37.37% gain over the past 24 hours, with volatility heating up between a low of 0.28259 and a high of 0.43858. The current retracement from the peak at 0.43858 suggests a temporary pause, presenting a potential entry opportunity if DOGE stabilizes near the 0.40 zone. Traders should keep a close eye on the 0.40837 level as the next resistance, which could reignite bullish momentum and push DOGE to retest recent highs. However, caution around 0.37340 as support is advised, as a break below this could lead to a deeper pullback. With the market buzzing, this setup offers lucrative trading possibilities, but timing is key..
#doge⚡ #DogecoinCommunity #DogecoinPriceSurge #MicrosoftBitcoinRejection
🚀 Exciting news from Pendle! They've just launched Boros, a groundbreaking platform expanding yield trading into new realms. Formerly Pendle V3, Boros now allows margin trading with enhanced capital efficiency, tapping into vast markets with precision and flexibility. 🌟
- Boros introduces funding rate trading, offering traders new strategic opportunities and greater control over their investments.
- No new tokens! PENDLE and vePENDLE remain central, ensuring value accumulation.
- Airdrop alert! vePENDLE holders, mark your calendars for December 31st for exclusive rewards.
What are your thoughts on Boros' potential impact on DeFi? Share below! 👇
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